fractal72

Bitcoin 4w forecast

Long
HUOBI:BTCUSD   None
4
On Huobi 1D cup and handle is forming. Cup is about 16 weeks long, range 3758 - 5180. The finex hack down spike is not considered, staying on the conservative side for TP. Handle is just started to forming. About 30% retracement is done, within 4 weeks testing the top again. If volume confirms the breakout than the target price is about 6600Y/985USD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.